Tremendous incomes from oil trades, the economy has developed like most creating nations, Saudi Arabia has enormous capital, and significant development undertakings have risen and changed the government with the immature past into a cutting edge state. During this period, joblessness was nearly non-existent: an enormous number of foreign workers were imported to play out the most simple and specialized undertakings and per capita pay and per capita GDP were among the most elevated.
Different job-designs and perks aimed at facilitating different employees as per their personal needs definitely leads to higher productivity of employees as they feel sense of attachment and affiliation with their organization and in order to be successful organizations have to pursue one or more such strategies. For example in order to overcome work-family conflicts and to increase productivity, employers should introduce family friendly programs for workers having family. It is also seen that any such conflict leads to such drastic results as absenteeism, turnovers, less productivity etc. On the other hand productivity of employees is seen to increase when they are being offered benefits like flexi-hours, child care centers and telecommuting etc. (Kossek & Ozeki, 1999)
Five competitive forces in industry also affect the growth prospect of any product/firm. These forces include rivalry, threat of new entrants, threat of substitute products, bargaining power of supplier and bargaining power of buyer.
In start I prefer newspaper advertisement in the form of banner ads. Average cost of advertisement is estimated to be CAD 16500/year and 82500 per 5 years. However this cost is of capital nature and it would be deferred over a period of next 5 years.
One of the most important yet highly unreliable assets of an organization in this fast moving dynamic world is human resource. For a number of years organizations are trying to preserve their human resource by devising new and improved strategies for them. Take the example of dot com introducing gourmet coffee bars at their offices as a way to offer the most desirable on-job perk of their workers and to keep them at work for long hours (Conlin, 2001).